The coffe chain is closing multiple shops as Keurig Dr. Pepper completes its $18 billion acquisition.
Published: Jan. 29, 2026, 5:15 a.m.If you’re a fan of this more than 30-year-old outpost java brand and its coffee, prepare for a major disappointment.The small shop, located in San Francisco’s Pork Gulch neighborhood, has plans to close permanently by the end of this month, as more locations are to follow, a Peet’s spokesperson told SFGATE, according to the “These closures reflect a broader effort to align our business with long-term growth priorities and current market conditions,” spokesperson Stephanie O’Brien said of the location, which opened on Polk Street in 1993.
“We are deeply grateful to our incredible employees and loyal customers for their continued commitment to the brand. As we move forward, we remain dedicated to the quality, craftsmanship, and heritage that have defined Peet’s for the past 60 years, while embracing new opportunities to innovate and grow.” About to massively take over the beloved java chain is soda giant Keurig Dr. Pepper. The company is in the midst of obtaining Peet’s Coffee’s parent company, JDE Peet’s, in an all-cash deal expected to close at some point this year,Founder Alfred Peet made a major life change, moving to the United States from Indonesia. In his home country, he worked as a tea tester and became smitten with the dark-roasted coffee commonly served and consumed there. But when Peet got to America, he was appalled by the difference between the coffee he had grown accustomed to in Indonesia and the coffee in the United States. “I came to the richest country in the world, so why are they drinking the lousiest coffee?” Peet said.It all links back to Peet mentoring three entrepreneurs who wanted to launch their own coffee company, which became the Starbucks that fans know and love today.EmilyAnn Jackman is a trending reporter for Penn Live. She handles the top trending topics on social media, as well as breaking stories in pop culture and entertainment news that goes viral on a national...
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